Description
Downtown High River commercial building with two separate rental units. Built in 1945 but completely refurbished in 2014. Cinder block and brick construction with a flat membrane roof covered with built up tar and gravel. The effective age is estimated at 10 years with a 50 year life expectancy. Street parking and parking lot next door owned by Town of High River for free customer and client. Owner occupied wishing to lease back from buyer for one year in bay #1. Tenant in bay#2 has lease in place. Call for financial details on revenue and expense shows a 7% cap rate. (id:53286)
Fearures
- MLS® Number A2049303
- Price $695,000
- Square Footage: 4421 sqft
- Property Type: Offices
- Community Name: Downtown High River
- Plan 2245e
Buildings
| Constructed Date | 1944 | Exterior Finish | Stucco |
| Heating Fuel | Natural Gas | Heating Type | Forced Air |
| Size Exterior | 4421 Sqft | Size Interior | 4421 Sqft |
| Total Finished Area | 4421 Sqft | Type | Offices |
Land
| Acreage | No | Size Irregular | 504.00 |
| Size Total | 504 M2|4,051 - 7,250 Sqft | Size Total Text | 504 M2|4,051 - 7,250 Sqft |
| Zoning Description | Cbd |
Agents and Offices
- Blair J. Gordon
- Darren Metcalfe
- Office: Century 21 Foothills Real Estate
What's Nearby
Connect Devang for more information
Enter your contact information below and I'll be sure to get back to you as soon as I can!